VeriSign to pay $30M net of acquired cash for CallVision

RobertDaniel

NEW YORK (MarketWatch) -- VeriSign,
VRSN, +0.33%
the Mountain View, Calif., provider of intelligent infrastructure services for the Internet and telecommunications networks, said it would acquire CallVision, a Seattle provider of online analysis applications. The purchase price is $30 million net of cash to be acquired in the deal, VeriSign said. The acquisition will enable VeriSign to deliver converged electronic bill presentation, bill payment and customer self-care applications to operators of mobile networks, providers of broadband service and other companies, VeriSign said. CallVision won't contribute materially to 2006 earnings and revenue, VeriSign said, adding that it hopes to close the deal in the first quarter.

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